Assistant Governor C Karunathilake said at a bond tender committee meeting, the Department of Public Debt officers had presented a sheet showing 10 billion rupees of bonds to be sold when only a billion was advertised.

Bonds were accepted at rates around 11.7 percent when market rates at the time was around 10 percent, he said.

Assistant Governor Sepala Ratnayake had objected.

Karunathilake said he shared the concerns of Ratnayake though they were not voiced. He felt other members of the tender board also felt the same.

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